Finance Inventory Manager

05 May 2017
04 Jun 2017
Contract Type
Full Time
The successful individual will leverage their proficiency to….
Shipment validation and inventory adjustment
Monitor shipments between store and warehouse
Review adjustment requests and submit for processing.
Clear open and dummy inventory items.
Monitor store loss and damages movements and follow up on material items.
Cycle counts:
Work with allocation and communications team to send out bi-weekly cycle counts
Review results and provide analysis for senior management. Alert the retail teams on significant variances and make necessary adjustments where required
Creation of promotional codes as requested by Marketing
Test new promotion codes before roll out
Upload promotional events (on product level or mix and match) as requested by
Marketing and Allocation teams
Upload price changes for stores as requested by merchandising teams
Manage internal controls
Review inventory processes are being followed in store as outlined
Alert retail management, provide training material and support to store teams where
Validate and update CS2000 for any barcode error reported by stores
Reconcile to SAP
Review month end journals for Elimination of profit margins, Shrink provisions,
Adjustment reclass, Capitalized FX variances
Review Inventory dashboard, analyse and provide commentary on KPIs by store. Hold
monthly meetings with area managers/senior management from each region to review
the dashboard
Monthly review of manual overrides and prepare report for key stakeholder
Review and perform balance sheet reconciliations
Recommend adjustments to shrink provisions to Finance Controller
Review returns provisions
Manage inventory related external and internal audit queries
Work with Retail Operations to manage stock count process. Investigate material
discrepancies and refer to Loss Prevention as necessary. Ensure formal and timely
sign off of results by Financial Controller.